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Clippers owner Steve Ballmer on Tuesday reached an agreement to purchase the Forum from Madison Square Garden Co. for $400 million in cash.
The Clippers have proposed building an 18,000-seat arena, paid for by Ballmer at a cost of more than $1 billion, in time for the 2024-25 NBA season along Inglewood’s West Century Boulevard ...
The Clippers have announced the purchase of The Forum in Inglewood, Calif., from the Madison Square Garden Co. for $400 million in cash — Marc Stein (@TheSteinLine) March 24, 2020 ...
The Clippers have played at Staples Center since the arena opened in downtown Los Angeles in 1999, but they also share the venue with the Lakers, the NHL’s Kings and the WNBA’s Sparks.
The Forum purchase abruptly wraps up the litigation fight and allows the Clippers to move ahead on their goal to open a new arena when their Staples Center lease expires in 2024.
Clippers owner agrees to purchase the Forum, clearing a key hurdle in new arena plans. March 24, 2020. An aerial view shows the Forum in May 2019. (Daniel Slim/Agence France-Presse/Getty Images) ...
Madison Square Garden Co., which bought The Forum for $23.5 million in 2012 and invested $100 million in renovations, has waged an all-out war to try to stop the Clippers from coming to the city.
The Fabulous Forum was home for the Lakers from 1967 through 1999, when the team moved to the newly-built Staples Center in downtown Los Angeles. Ballmer has wanted to move the Clippers out of being ...
Clippers owner Steve Ballmer completes purchase of The Forum in Inglewood from Madison Square Garden
After announcing the purchase of The Forum arena from James Dolan and Madison Square Garden in March, the Los Angeles Clippers made the deal official Monday afternoon. Clippers owner Steve Ballmer ...
LOS ANGELES -- LA Clippers owner Steve Ballmer is in advanced negotiations to purchase The Forum in Inglewood, California, from the Madison Square Garden Company, an acquisition that would clear a ...
Steve Ballmer finalized his $400 million purchase of the Forum in Inglewood, Calif., on Monday, allowing Los Angeles Clippers to move closer to building their new arena in the neighborhood. CAPSS ...
LOS ANGELES — Los Angeles Clippers owner Steve Ballmer is buying the Forum for $400 million, ending the billionaire’s legal fight with the Madison Square Garden Company and clearing the way t… ...
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